Aired 2026-05-02 ยท 30 min
Discount carrier Spirit Airlines ceased operations on Saturday. It had been struggling with skyrocketing fuel costs and mountains of debt. A proposed government bailout plan unraveled, leaving thousands of passengers, employees and investors in limbo. Ali Bauman reports from Newark's Liberty International Airport. Saturday marked 61 days since the start of the war with Iran, and gas prices continue to soar. Olivia Gazis reports on how rising prices are causing new political issues for President Trump. President Trump compared the U.S. Navy to pirates, as it enforces the blockade of Iranian po...